China's Raw Materials Industry Profit Jumps 83.1% in Jan-May 2026, Non-ferrous Metals Up 117.1%

According to Chief Statistician Yu Weining of China's National Bureau of Statistics, raw materials manufacturing profits surged 83.1% year-over-year in the first five months of 2026. Non-ferrous metals industry profits rose 117.1%, driven by increased demand from emerging sectors including new energy and artificial intelligence. Oil refining swung to profitability after losses, while chemical industry profits grew 71.6%, supported by rising commodity prices across the petroleum supply chain.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments